Palatine, IL Retail Properties & Spaces for Lease
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Palatine, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 24 Retail properties & Spaces for lease in Palatine, IL on Realmo, a commercial real estate exchange covering the Palatine area. The current inventory totals 74,606 square feet of properties — an average of ~3,100 SF per listing.
Retail properties & Spaces lease rates in Palatine range from $21 SF/Yr at the entry level to $36 SF/Yr at the top of the market, averaging $30.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $30.75 SF/Yr, the local average runs 38% above Illinois's state average of $22.23 SF/Yr.
Palatine accounts for 1% of the 1,952 retail properties & spaces currently available across Cook County, where nearby markets include Chicago and Niles. By space type, the market includes 12 shopping centers and 8 storefront properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
